#United States #New York #Private Capital #Chronograph #IVSC

Chronograph Joins IVSC to Advance Valuation Practices

In a pivotal move for its growth and the private capital markets, Chronograph has officially become a member of the International Valuation Standards Council (IVSC). This membership is a strong testament to Chronograph's commitment to enhancing valuation standards and implementing best practices within the global private capital landscape.

Founded in 2016, Chronograph has positioned itself as a leader in providing cutting-edge portfolio monitoring, valuation, and analytics technology tailored to the private capital markets. With over $1 trillion in valuation marks processed each quarter across eight of the ten largest private capital general partners, Chronograph's tools are already fundamental to the industry.

Joining the IVSC aligns perfectly with Chronograph's mission of delivering technology-driven valuation solutions. The IVSC's goal is to bolster the quality and reliability of valuation practices worldwide, making this collaboration mutually beneficial. This partnership will enhance the firm's capability to support IVS compliance at a larger scale and improve the quality of valuation practices across various sectors.

As new members, Chronograph aims to actively take part in shaping upcoming standards and regulatory frameworks. They will contribute their technological insights and collaborate with valuation professionals from around the globe. Recently, Chronograph strengthened its valuation expertise by appointing Sean Thomson, a former IVSC Technical Manager and specialist from Houlihan Lokey and KPMG, as Product Manager for Valuations. This hiring reflects Chronograph's dedication to ensuring that its valuation solutions continue to adapt to evolving industry standards.

Chronograph's co-founder and CEO, Charlie Tafoya, expressed enthusiasm about this new partnership, stating, "Joining the IVSC allows us to add our voice to essential discussions surrounding valuations, and helps us confront challenges common in the valuation profession, such as differing standards and time-consuming manual processes that can compromise quality. Our participation will enable us to adapt and innovate in ways that are aligned with IVS-compliant practices in private markets."

In addition to driving standards development, Chronograph plans to leverage its IVSC membership for further client education and training endeavors. They will also engage in thought leadership initiatives and participate in Investor Forums, gathering real-time feedback from the market. With a clientele representing over $4.3 trillion in invested capital across 13,000 unique funds and 225,000 private companies, Chronograph stands uniquely poised to connect traditional valuation methodologies with advanced technology applications that can optimize modern valuation workflows.

As Chronograph embarks on this new journey with the IVSC, the private capital markets can expect a transformative approach to how valuations are conducted and recorded, making them more reliable and accessible than ever before. This alliance promises to not only enhance the ecosystem of private capital but also improve investor confidence across the board. By merging innovative technology with industry standards, Chronograph is setting the stage for a new era in valuation practices that will benefit professionals and investors alike.